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Q.

Imagine if Wal-Mart, the worlds biggest retailer sets up operations in India at prime locations in the 35 large cities and towns that house more than 1 million people . The supermarket will typically sell everything, from ic gadgets, at extremely low prices that will most likely undercut those in nearby local stores selling similar goods. WalMart would be more likely to source its raw materials from abroad, and procure goods like vegetables and fruits directly from farmers at preordained quantities and specifications.in the long run it could buy cheaper and sell at high price -Comment

Tags: india, wal-mart, comment
Asked by venkatesaldevarajan, 03 Dec '11 03:20 pm
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Answers (4)

 
1.

Other major chains like Reliance Retail etc are doing the same thing and once the small retailers are wiped out these Mega chains will buy all farmer's produce at extremey low rates due to their monopoly and ultimately sell at6 a high price , which will harm both the farmers as well as t6he consumers and the profits will also be sent abroad , which will ultimately harm India as well.
Answered by HEMANT MEHTA, 03 Dec '11 03:31 pm

 
  
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2.

That is what is happening sir
Answered by rajnikant raiyarela, 03 Dec '11 04:24 pm

 
  
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3.

Can we not try out this format rather than create a whole Hullaboo about it.
We have D Mart in our area and frankly speaking we do not like buying from the kinara store any more.
D mart offers a better shopping experience - the weights are always correct , you get a proper bill ,get better quality and at ideal price.
As far as back end infrastructure is concerned , if our governments have let us down for past 60 years, it is better that the foreigners come in and at least establish some infrastructure, which would prevent wastages , if at all they would not benefit anyone .
Even today the farmers are at the mercy of middlemen and final consumers are at the mercy of the kirana stores .
Answered by Sunil Dodeja, 03 Dec '11 03:39 pm

 
  
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4.

It will be beneficial to the farmers n the public at the initial stage.But once it is able to remove the street vendors, it will act as a monopoly store n will make a killing in terms of prices n profits.
Answered by Damodar Biswal, 03 Dec '11 03:27 pm

 
  
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